Tag: new pension scheme for minors
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NPS Vatsalya Scheme: Eligibility, Benefits and Key features
On 23 Jul 2024 FM Nirmala Sitharaman presented Union Budget. FM introduced a innovative scheme, NPS Vatsalya, designed to secure your child’s financial future. This new plan allows parents or legal guardians to open an NPS account for their minor children, encouraging long-term savings and retirement planning. As it is well know in investing that as…